Israeli investor in Atrium takeover

Atrium

Israeli property group Gazit Globe is set to take total control of the Atrium Real Estate in a deal that values Atrium at €1.4bn (£1.26bn).

Gazit has made an offer of €3.75 a share for the 40% of Atrium it does not already own via a wholly-owned subsidiary. The offer represents an 18% premium to Atrium’s shares and is recommended by its board.

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